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Jack Dorsey founded Block is the latest target of Hindenburg research report | Mamata Banerjee meets Naveen Patnaik in Bhubaneswar, calls for 'upholding spirit of democracy' | Navjot Singh Sidhu's wife diagnosed with cancer; pens emotional note to husband | Rahul Gandhi automatically disqualified as MP after two-year jail sentence: Kapil Sibal | Shiv Sena sacks Sanjay Raut as parliamentary party leader, appoints Gajanan Kirtikar to succeed him | Khalistani leader Amritpal Singh caught on CCTV in Haryana, carries umbrella to hide face | Modi surname remark: 'Will approach higher court,' says Congress after Rahul Gandhi's conviction in defamation case | Attempt to suppress Rahul Gandhi's voice': Priyanka Gandhi Vadra after court conviction over Modi surname remark | Modi surname remark: Rahul Gandhi convicted by Surat court in defamation case, later gets bail | Kumar Mangalam Birla receives Padma Bhushan award

5G estimated to reach 1.5 billion subscriptions in 2024: Ericsson Mobility Report

Nov 27, 2018, at 04:46 pm

New York, Nov 27 (IBNS): 5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make 5G the fastest generation of cellular technology to be rolled out on a global scale, according to the latest edition of the Ericsson Mobility Report.

Delegation of Indian Infra companies heads to Riyadh

Nov 26, 2018, at 07:17 pm

New Delhi, Nov 26 (IBNS): The Economic Diplomacy (ED) Division of Ministry of External Affairs and Trade Promotion Council of India (TPCI) is taking a delegation of representatives of top infrastructure, housing and allied sectors and entertainment industry to Riyadh, on Nov 27-28, 2018,to explore possible contracts and investment opportunities in the USD 500 billion futuristic mega city Projects being developed in Saudi Arabia.

TERI launches pilot study to introduce Battery Energy Storage System (BESS) to upgrade power infrastructure

Nov 26, 2018, at 06:47 pm

Kolkata, Nov 26 (IBNS): With increasing electricity consumption, the distribution transformers get overloaded during peak load hours. In order to reduce the stress on transformers during peak hours and reduce the peak power requirement, The Energy and Resources Institute (TERI), with support from MacArthur Foundation, launched a first-of-its-kind pilot project in India to support implementation of Battery Energy Storage Systems (BESS) at distribution level, in Kolkata.

Uber introduces Uber Care for its driver partner community in India

Nov 26, 2018, at 05:22 pm

New Delhi, Nov 26 (IBNS): Uber, anon-demand ride-sharing company, on Monday announced the launch of Uber Care, a first-of-its-kind comprehensive platform for thousands of driver partners who choose to drive using the Uber App.

Talentedge announces the appointment of Neeraj Sharma as Chief Growth Officer

Nov 23, 2018, at 06:52 pm

New Delhi, Nov 23 (IBNS):  Talentedge, leading EdTech firm that provides Live & Interactive digital learning for working professionals, has announced the appointment of  Neeraj Sharma as their new Chief Growth Officer. 

mjunction to organise 12th Indian Coal Markets Conference

Nov 22, 2018, at 12:05 am

Kolkata, Nov 21 (IBNS): mjunction services limited, a B2B e-commerce company, is organising the 12th Indian Coal Markets Conference in Kolkata on Nov 26-28. 

CG Belgium inaugurates world’s first fully integrated 400kV mobile substation

Nov 21, 2018, at 08:11 pm

Mumbai, Nov 21 (IBNS): Avantha Group Company CG Power and Industrial Solutions Limited through its wholly-owned step down subsidiary CG Holdings Belgium NV (‘CG Belgium’) based at Mechelen, Belgium inaugurated world’s first mobile substation operating at a voltage level of 400kV.

Swedish furniture giant IKEA to cut 7500 jobs

Nov 21, 2018, at 08:07 pm

Stockholm, Nov 21 (IBNS): Swedish furniture giant IKEA Group has said it is planning to cut  7,500 office jobs worldwide.

Jet Airways strengthens network with 20 daily services to select domestic and international routes

Nov 20, 2018, at 06:14 pm

Mumbai, Nov 20 (IBNS): Beginning December 2018, Jet Airways, India’s premier, full-service international airline, on Tuesday said it is all set to strengthen its network by introducing 18 additional frequencies on domestic as well as international routes to meet growing demand from travellers.

Pritzker prize winning architect Balkrishna Doshi lauds improvements in Kolkata's infrastructure

Nov 20, 2018, at 04:44 pm

Kolkata, Nov 18 (IBNS): Architect visionary Balkrishna Doshi believes that Kolkata's infrastructure has improved significantly in the past 10 years, especially with reference to New Town and Rajarhat.

Prime Minister launches Ease of Doing Business Grand Challenge

Nov 20, 2018, at 12:41 pm

New Delhi, Nov 20 (IBNS) :  Prime Minister Narendra Modi launched a Grand Challenge on resolving seven identified Ease of Doing Business problems with the use of cutting edge technologies.

Nissan chairman Carlos Ghosn arrested over 'misconduct'

Nov 19, 2018, at 10:53 pm

Tokyo, Nov 19 (IBNS): In a significant development, automaker Nissan's chairman Carlos Ghosn has been arrested over claims of financial misconduct, reports said on Monday.

RBI board meeting ends on conciliatory note

Nov 19, 2018, at 10:08 pm

New Delhi, Nov 19 (IBNS): As the marathon meeting of the board of Reserve Bank of India (RBI) came to an end in Mumbai on Monday evening, the central bank agreed to set up a panel on sharing surplus reserves.

RBI board meeting finally ends after 9 hours

Nov 19, 2018, at 08:20 pm

Mumbai, Nov 19 (IBNS):  Amid an ongoing rift between the government and the central bank, the Reserve Bank of India (RBI)'s board meeting finally came to an end after nine hours on Monday.

Mahindra Electric signs MoU with Three Wheels United

Nov 19, 2018, at 06:08 pm

Bengaluru, Nov 19 (IBNS): Automobile giant Mahindra Electric Mobility Ltd, part of the USD 20.7 billion Mahindra Group, the pioneers of electric mobility in India and Three Wheels United (TWU), a social enterprise providing affordable financing for auto rickshaw drivers and integrating them with public transportation, recently signed a Memorandum of Understanding (MoU).

Ola continues to expand across the UK; services now live in South West England

Nov 19, 2018, at 03:54 pm

Kolkata, Nov 19 (IBNS): Ola, a ride-hailing platforms, on Monday announced the launch of its services in South West England.

OnePlus launches its latest flagship the OnePlus 6T in India starting at INR 37999

Nov 19, 2018, at 03:31 pm

Kolkata, Nov 19 (IBNS): OnePlus, the leading premium smartphone brand, has launched its latest premium flagship device, the OnePlus 6T.

India needs more trained metallurgical professionals, says Secretary of Union Ministry of Steel

Nov 19, 2018, at 03:03 pm

Kolkata, Nov 18 (IBNS): India is facing a dearth of metallurgical professionals, which needs to be addressed on an urgent basis, said Binoy Kumar, Secretary, Union Ministry of Steel while speaking at the 56th National Metallurgists’ Day (NMD) and 72nd Annual Technical Meeting (ATM) of The Indian Institute of Metals, organised in Kolkata this year.

Facebook investors increase pressure on CEO Zuckerberg to step down, says report

Nov 19, 2018, at 11:39 am

Washington, Nov 19 (IBNS): Facebook investors have increased pressure on the social media site's Chief Executive Officer (CEO) Mark Zuckerberg and asked him to step down after a New York Times report suggested the company has hired a Republican-owned political consulting and PR firm, media reports said.

Amid public rifts with Centre, RBI board meeting begins

Nov 19, 2018, at 10:55 am

New Delhi, Nov 19 (IBNS): Amid reports of rifts with the Centre, the Reserve Bank of India (RBI)'s board meeting began on Monday, media reports said.

Pritzker prize winning architect Balkrishna Doshi lauds improvements in Kolkata's infrastructure

Nov 18, 2018, at 10:35 pm

Kolkata, Nov 18 (IBNS): Architect visionary Balkrishna Doshi believes that Kolkata's infrastructure has improved significantly in the past 10 years, especially with reference to New Town and Rajarhat.

Infosys completes formation of joint venture with Temasek

Nov 16, 2018, at 07:26 pm

Bengaluru/Kolkata and Singapore, Nov 16 (IBNS): Infosys, a global leader in consulting, technology and next-generation services, on Friday announced that it has completed the formation of a joint venture with Temasek, the global investment company headquartered in Singapore. 

ADB, Indian government sign $ 169 million loan to provide water and sanitation services in Tamil Nadu

Nov 16, 2018, at 06:41 pm

New Delhi, Nov 16 (IBNS): Asian Development Bank (ADB) and the Government of India signed here on Friday a $169 million loan as the First Tranche of a $500 million multi-tranche financing to develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities in the State of Tamil Nadu

Mahindra’s Alturas G4 to Redefine the High-End SUV Segment

Nov 16, 2018, at 06:34 pm

Mumbai, Nov 16 (IBNS): Automobile giant Mahindra & Mahindra Ltd. (M&M), a part of the US $20.7 billion Mahindra Group, on Friday revealed the key features of its high-end SUV, the Alturas G4.

Fish production has increased by 26% in the last 4 years: Radha Mohan Singh

Nov 16, 2018, at 06:21 pm

Kolkata, Nov 16 (IBNS): The Union Agriculture and Farmer Welfare Minister, Radha Mohan Singh has said, under the able leadership of our Prime Minister, Narendra Modi, fish production in many States has reached close to sufficiency.

Tata Sons says it is in preliminary talks with Jet Airways

Nov 16, 2018, at 06:06 pm

New Delhi, Nov 16 (IBNS):  Tata Sons, the holding company of Tata Group, on Friday clarified that it is in preliminary talks with Jet Airways and no proposal to acquire a stake in the carrier has been made so far.

Infosys announces Jayesh Sanghrajka as interim CFO

Nov 15, 2018, at 07:19 pm

Bengaluru/Kolkata, Nov 15 (IBNS):  Infosys announced that the Board of Directors at its meeting on Thursday appointed Jayesh Sanghrajka as the interim Chief Financial Officer (“CFO”) and Key Managerial Personnel of the Company with effect from Nov 17. 

ICICI Bank raises retail term-deposit interest rates by upto 25bps

Nov 14, 2018, at 06:35 pm

Mumbai, Nov 14 (IBNS): ICICI Bank on Wednesday announced an increase in interest rates of term-deposits of less than Rs 1 crore by upto 25 basis points.

Binny Bansal quits as Flipkart CEO over "personal misconduct" charge

Nov 13, 2018, at 05:56 pm

New Delhi, Nov 13 (IBNS):  Binny Bansal announced his resignation as CEO of Flipkart Groupon Tuesday, officials said.

Drug regulator issues notice to Amazon, Flipkart for alleged sale of spurious cosmetics

Nov 13, 2018, at 01:31 pm

New Delhi, Nov 13 (IBNS) :  India’s premier drug and cosmetics agency, Drug Controller General of India (DCGI) has issued notices to e-commerce giants  Flipkart and  Amazon warning against the alleged sell of "spurious and adulterated" cosmetics including imported brands, and sought a reply within ten days, media reports said.